In most states, you pay taxes only on the actual lease payments, so leasing can put you even further ahead (see number 3 below). Plus, you typically don't have to bring cash to the table for a lease.
Q&A. The differences between an unadjusted trial balance and an adjusted trial balance are the amounts recorded as part of the adjusting entries. Adjusting entries include the accrual of revenues that were earned but were not yet recorded, and the accrual of expenses that were incurred but were not yet recorded.
The adjusted trial balance  reflects the balance of each account on the ledger. If there is a  $1000 debit to Cash and a $200 credit to Cash in the same  accounting period,â¦ the balance on the ledger will be $800 Cash.  This $800 Cash balance will be reflected on the adjusted trial  balance. In sum, the adjusted trial balance reflects the net of an  account each accounting period.